Associate, Third Party Assurance

Santander•Boston, MA

About The Position

Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-driven organization. Our people are at the heart of this journey and together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what’s possible. This is more than a strategic shift. It’s a chance for driven professionals to grow, learn, and make a real difference. If you are interested in exploring the possibilities We Want to Talk to You! As an Associate, Third Party Assurance, you will support FLOD Third Party Risk Management in working with business units to ensure third-parties are managed in accordance with the TPRM program. This function performs due diligence activities including, but not limited to data governance, cyber security, and operational risk. As a member of the team, the Associate, Third Party Assurance implements various risk management processes and strategies for supporting initiatives, capturing and implementing recommendations from audits and other internal/compliance and external/regulatory assessment projects, and employing risk. Applies innovative quantitative and qualitative analytical techniques to detect problems and improve reporting/MIS capabilities. Delivers industry best practices, tools, guidance, and training to increase analytical capabilities and throughput. Partners with Business Lines to recommend and vet new products initiatives, origination strategies, pre-approval and pre-qualification campaigns, underwriting techniques, peer group comparisons, and process optimization. Implements and validates various risk segmentation strategies using complex data. Provides direct support, participation, and oversight for developing, managing, and executing the credit risk strategy, which specifically includes functions such as understanding and leveraging credit-risk analytics to improve portfolio performance. Selects and optimizes risk management processes and strategies for various Small Business initiatives, capturing and implementing recommendations from audits and other internal/compliance and external/regulatory assessment projects, and employing risk. Provide monitoring and assessment of enterprise-wide adherence to vendor management policy requirements Collaborate with colleagues and work towards streamlining processes Consistently deliver on commitments, deadlines and objectives while remaining in scope and leveraging appropriate tools, methods, frameworks, and professional standards Demonstrate the ability to appropriately influence business decisions, and the professional judgment for selecting the appropriate methods and techniques to do so Conduct third party risk assessments, applying established criteria Maintain thorough understanding of all business requirements to support requirements analysis Analyze and develop requirements for enhancements to application functionality Works will other Technical Security personnel to review and interpret vendor due diligence materials, including audit reports and security risk assessment questionnaires Involve appropriate subject matter expertise as required to resolve vulnerabilities Works with the Corporate Vulnerability Management team to conduct vulnerability assessments on remote hosted applications as needed

Requirements

Bachelor's Degree or equivalent work experience: Business, Finance, or equivalent degree. - Required.
5+ Years Risk Management - Required.
Advanced understanding of key inherent risk and risk management control practices.
Strong risk management principles, methodologies and tools, governance principles and activity preferably in a financial services technology environment.
Knowledge of workflow/processes and risks/controls, including: origination, underwriting, servicing, and collections/workout.
Ability to independently operate in a complex, matrixed environment; adept at delivering and maintaining productive working relationships across business, functions, geographies and lines of defense.
Ability to handle conflict resolution with other groups to ensure appropriate accounting guidance is followed.
Ability to adjust to new developments/changing circumstances.
Ability to convey a sense of urgency and drive issues/projects to closure.
Ability to effectively interact with the market, executive management and vendors.
Ability to adapt and adjust to multiple demands and competing priorities.
Excellent written and oral communication skills.
Strong analytical, organizational and project management skills.

Nice To Haves

Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.
Experience in Microsoft Office products.

Responsibilities

Provide monitoring and assessment of enterprise-wide adherence to vendor management policy requirements
Collaborate with colleagues and work towards streamlining processes
Consistently deliver on commitments, deadlines and objectives while remaining in scope and leveraging appropriate tools, methods, frameworks, and professional standards
Demonstrate the ability to appropriately influence business decisions, and the professional judgment for selecting the appropriate methods and techniques to do so
Conduct third party risk assessments, applying established criteria
Maintain thorough understanding of all business requirements to support requirements analysis
Analyze and develop requirements for enhancements to application functionality
Works will other Technical Security personnel to review and interpret vendor due diligence materials, including audit reports and security risk assessment questionnaires
Involve appropriate subject matter expertise as required to resolve vulnerabilities
Works with the Corporate Vulnerability Management team to conduct vulnerability assessments on remote hosted applications as needed